Autoliv price target lowered to $95 from $100 at Barclays

Barclays analyst Dan Levy lowered the firm’s price target on Autoliv to $95 from $100 and keeps an Equal Weight rating on the shares. The company reported in-line Q1 results but the print failed to clear higher expectations, the analyst tells investors in a research note. The firm says Autoliv’s 2023 margin guidance "may be challenged" given the steep margin ramp and targeted cost recoveries.